Why Hasn’t the US Economic Stimulus Been More Effective? The Debate on Tax and Expenditure Multipliers
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- Kirchner, Markus & Wijnbergen, Sweder van, 2016.
"Fiscal deficits, financial fragility, and the effectiveness of government policies,"
Journal of Monetary Economics,
Elsevier, vol. 80(C), pages 51-68.
- Markus Kirchner & Sweder van Wijnbergen, 2012. "Fiscal Deficits, Financial Fragility, and the Effectiveness of Government Policies," Tinbergen Institute Discussion Papers 12-044/2, Tinbergen Institute.
- Kirchner, Markus & van Wijnbergen, Sweder, 2012. "Fiscal deficits, financial fragility, and the effectiveness of government policies," Discussion Papers 20/2012, Deutsche Bundesbank.
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KeywordsUnited States (US) recession and recovery; fiscal and monetary policy; tax and expenditure multipliers; econometric model forecast simulation.;
- E37 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Forecasting and Simulation: Models and Applications
- E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy
- E65 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Studies of Particular Policy Episodes
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-ALL-2010-08-06 (All new papers)
- NEP-CBA-2010-08-06 (Central Banking)
- NEP-MAC-2010-08-06 (Macroeconomics)
- NEP-PBE-2010-08-06 (Public Economics)
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